Dekalb Area Retirement Center

Organization Overview

Dekalb Area Retirement Center is located in Dekalb, IL. The organization was established in 1976. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 06/2022, Dekalb Area Retirement Center employed 299 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dekalb Area Retirement Center is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Dekalb Area Retirement Center generated $14.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $15.9m during the year ending 06/2022. While expenses have increased by 4.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

A FAITH BASED NOT-FOR-PROFIT COMMUNITY SERVING PEOPLE 62 YEARS AND OLDER THROUGH A CONTINUUM OF SERVICES ENHANCING AN INDIVIDUAL'S QUALITY OF LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SENIOR LIVING FOR INDEPENDENT, ASSISTED LIVING AND NURSING HOME RESIDENTS


CHARITABLE CARE FOR RESIDENTS WHO HAVE EXHAUSTED THEIR FINANCIAL RESOURCES


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Board, Officers & Key Employees

Name (title)Compensation
Stephen Cichy
Executive Director
$219,430
Carol Larson
Trustee
$0
Rev Joe Gastiger
Trustee
$0
Jack Goodrich
Trustee
$0
Ann Tucker
Trustee
$0
Wendy West
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$275,374
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$275,374
Total Program Service Revenue$15,138,543
Investment income $143,512
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $137,247
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,795,100

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Dekalb Area Retirement Center has recieved totaling $125,532.

Awarding OrganizationAmount
Dekalb County Community Foundation

Sycamore, IL

PURPOSE: GENERAL SUPPORT

$125,532
View Grant Recipient Profile

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